IQE (LON:IQE) Shares Up 6.2% – Here’s What Happened

IQE plc (LON:IQEGet Free Report) shot up 6.2% on Monday . The company traded as high as GBX 48.86 and last traded at GBX 48.86. 8,992,277 shares were traded during mid-day trading, a decline of 74% from the average session volume of 34,522,090 shares. The stock had previously closed at GBX 46.

IQE Price Performance

The firm has a market capitalization of £497.74 million, a price-to-earnings ratio of -10.00, a PEG ratio of 12.70 and a beta of 2.22. The stock has a 50 day moving average price of GBX 36.40 and a two-hundred day moving average price of GBX 17.80. The company has a debt-to-equity ratio of 81.86, a current ratio of 1.17 and a quick ratio of 0.97.

About IQE

(Get Free Report)

IQE is the leading supplier of compound semiconductor wafer products and advanced material solutions to the global semiconductor industry.

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